In February we learned that Union Square Ventures had stepped up as lead investor on a $5 million round of Series B financing for Dwolla, the Iowa-based payments network that charges relatively low fees for payment processing. Get the Full Story Complete the form to...
Prepaid solutions have been available in the marketplace for a decade — but consumer adoption still doesn’t seem to have sparked. MPD’s Karen Webster asks Ron Hynes, Executive Vice President of Global Prepaid Solutions at MasterCard, to explain why that might be. Get the Full...
Ingenico and First Data announced a partnership to port First Data’s TransArmor® security solution across Ingenico’s Telium line of products in 2012. Greg Boardman, SVP of Product and Development at Ingenico, North America spoke exclusively to MPD CEO Karen Webster about how merchants stand to...
Closed-loop systems are causing unnecessary frustration for commuters who use mass transit every day. MasterCard Senior Vice President Catherine Murchie says there’s a better way, and explains how we can get there soon. Get the Full Story Complete the form to unlock this article and...
A rising star in the direct banking industry, Perk Street is preparing to launch several new products this year to deepen its ties with consumers. Also, CEO Dan O’Malley explains what having Scott Thompson on the board does for his firm. Get the Full Story...
With $560 million invested in early stage companies, Flybridge Capital Partners is hoping to capture payments lightning in a bottle. Financial technology expert Matthew Witheiler, a principal with the firm, highlights one exciting investment. Get the Full Story Complete the form to unlock this article...
As part of our “Innovation Uncensored” audio series, Swift Exchange COO Nancy Gordon identifies some of the current problems in the loyalty space, and introduces a few of the solutions devised by Swift (a “promotional wallet,” e.g.) that could decrease deadweight loss in the space....
The Consumer Financial Protection Bureau is forthright about the purpose of its newest survey: “Taking in, resolving, and analyzing consumer complaints is an integral part of the CFPB’s work,” the introduction reads. Get the Full Story Complete the form to unlock this article and enjoy...
The six largest credit card issuers in the U.S. could see a significant gain in earnings this year, Moody’s Investor Services says. Find out which factors might play the biggest part in delivering profits to investors. Get the Full Story Complete the form to unlock...